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1 – 4 of 4Yexiang Xiao, Zhengwei Wang, Jidi Zeng, jintai Zheng, Jiayang Lin and Lanjin Zhang
The purpose of this paper is to experimentally and numerically investigate the interference characteristics between two ski-jump jets on the flip bucket in a large dam spillway…
Abstract
Purpose
The purpose of this paper is to experimentally and numerically investigate the interference characteristics between two ski-jump jets on the flip bucket in a large dam spillway when two floodgates are running.
Design/methodology/approach
The volume of fluid (VOF) method together with the Realizable k-ε turbulence model were used to predict the flow in two ski-jump jets and the free surface motion in a large dam spillway. The movements of the two gates were simulated using a dynamic mesh controlled by a User Defined Function (UDF). The simulations were run using the prototype dam as the field test to minimize errors due to scale effects. The simulation results are compared with field test observations.
Findings
The transient flow calculations, accurately predict the two gate discharges compared to field data with the predicted ski-jump jet interference flow pattern similar to the observed shapes. The transient simulations indicate that the main reason for the deflected nappe is the larger opening difference between the two gates as the buttress side gate closes. When both gates are running, the two ski-jump jets interfere in the flip bucket and raise the jet nappe to near the buttress to form a secondary flow on this jet nappe surface. As the gate continues to close, the nappe surface continues to rise and the surface secondary flow become stronger, which deflects the nappe over the side buttress.
Originality/value
A dynamic mesh is used to simulate the transient flow behavior of two prototype running gates. The transient flow simulation clarifies the hydraulics mechanism for how the two ski-jump jets interfere and deflect the nappe.
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Keywords
Qiongwei Ye and Baojun Ma
Internet + and Electronic Business in China is a comprehensive resource that provides insight and analysis into E-commerce in China and how it has revolutionized and continues to…
Abstract
Internet + and Electronic Business in China is a comprehensive resource that provides insight and analysis into E-commerce in China and how it has revolutionized and continues to revolutionize business and society. Split into four distinct sections, the book first lays out the theoretical foundations and fundamental concepts of E-Business before moving on to look at internet+ innovation models and their applications in different industries such as agriculture, finance and commerce. The book then provides a comprehensive analysis of E-business platforms and their applications in China before finishing with four comprehensive case studies of major E-business projects, providing readers with successful examples of implementing E-Business entrepreneurship projects.
Internet + and Electronic Business in China is a comprehensive resource that provides insights and analysis into how E-commerce has revolutionized and continues to revolutionize business and society in China.
Zhiguang Li, Yaokuang Li and Wei Zhang
Based on the perspective of complexity theory, the operation process of property insurance companies can be regarded as a complex dynamic nonlinear chaotic system. This paper aims…
Abstract
Purpose
Based on the perspective of complexity theory, the operation process of property insurance companies can be regarded as a complex dynamic nonlinear chaotic system. This paper aims to measure the operating efficiency of 29 Chinese domestic property and casualty (P&C) companies and 18 foreign-invested P&C companies from 2011 to 2017 and outline the path to achieving high-quality development.
Design/methodology/approach
The data were obtained from the Chinese Insurance Yearbook and China Statistical Yearbook 2012–2018. The data envelopment analysis method was used to calculate the technical efficiency of property insurance companies and fuzzy set qualitative comparative analysis is used for configuration analysis of determinants affecting technical efficiency.
Findings
This paper founds the average technical efficiency of Chinese domestic P&C insurance companies was 0.914 and that of foreign-invested P&C insurance companies was 0.895. The average total factor productivity of Chinese domestic P&C insurance companies was 1.058 and that of foreign-invested P&C insurance companies was 1.051. There were three modes to improve the company’s technical efficiency, with high loss ratio and low reinsurance ratio, poor employee education and higher leverage ratio and high leverage ratio and low reinsurance ratio as the core conditions.
Originality/value
This study puts forward four applicable, targeted and proven ways to improve the technical efficiency of China’s P&C insurance industry. These configurations were verified by the cases of existing property insurance companies, which can provide practical references for the insurance industry.
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Zhiguang Li, Yaokuang Li and Dan Long
From the perspective of cause and effect, the operational processes of property insurance companies can be considered as historical events. The purpose of this study is to measure…
Abstract
Purpose
From the perspective of cause and effect, the operational processes of property insurance companies can be considered as historical events. The purpose of this study is to measure the operating efficiency of China's property insurance industry, explore the determinants that affect technical efficiency and outline the path to achieving high-quality development.
Design/methodology/approach
We chose 44 Chinese property insurance companies as research objects. The data were obtained from the Chinese Insurance Yearbook and China Statistical Yearbook 2015–2017. First, the data envelopment analysis (DEA) method was used to calculate the technical efficiency of property insurance companies. Then, Tobit regression and quantile regression were adopted to explore the influencing factors of technical efficiency. Finally, the fuzzy-set qualitative comparative analysis (fsQCA) method was employed to summarize the path to improving the operating efficiency of property insurance companies.
Findings
The empirical results in the first stage suggested that the operation efficiency of China's property insurance industry was technically inefficient, and the scale efficiency was relatively better than the pure technical efficiency. In the second stage, we observed that the drivers for firm size, reinsurance rate, claim ratio and equity restriction were important determinants of an insurance firm's efficiency.
Research limitations/implications
We also put forward four applicable, targeted and proven ways to improve the technical efficiency of property insurance companies. These configurations are verified by cases of existing property insurance companies, which can provide practical references for the insurance industry.
Originality/value
Our research enriches the insurance literature and efficiency methods, particularly regarding the specific paths of improving the technical efficiency. The relationship between elements and results is analyzed from a systematic perspective, and the research results are not only more consistent with what logic might imply but also more instructive for the improvement of reality.
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